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Find what should be the ending inventory

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Reference no: EM132737884

The following was extracted on unadjusted trial balance:

Merchandise Inventory - beg, 200,000

Purchases, 150,000

Purchases Discounts, 20,000

Purchase Returns and Allowance, 40,000

Transportation In, 10,000

Transportation Out, 20,000

Problem 1: What should be the ending inventory

a. 300,000

b. 320,000

c. 290,000

d. cannot be computed

Reference no: EM132737884

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